Amado, AZ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Amado, AZ Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Amado Housing Market Information

With 292 people, 99 houses or apartments, and a median cost of homes of $318,265, Amado house prices are not only among the most expensive in Arizona, Amado real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Amado, accounting for 70.50% of the town's housing units. Other types of housing that are prevalent in Amado include large apartment complexes or high rise apartments ( 15.83%), mobile homes or trailers ( 13.67%).

Dwellings in Amado tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 76.26% of the homes in Amado have two or fewer bedrooms.

There is a lot of housing in Amado built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Amado built between 2000 and later ( 29.50%). A lesser amount of the housing stock also hails from before 1939 ( 18.71%). There's also some housing in Amado built between 1940-1969 ( 15.83%).

Vacant housing appears to be an issue in Amado. Fully 28.78% of the housing stock is classified as vacant. Left unchecked, vacant Amado homes and apartments can be a drag on the real estate market, holding Amado real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Amado Home Appreciation Rates

Homes have actually lost value in Amado over the last then years, as home values have seen a decline of 20.99% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Amado home appreciation rates at 1.55%, which equates to an annual appreciation rate of 6.33%.

Appreciation rates are so strong in Amado that despite a nationwide downturn in the housing market, Amado real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Amado appreciation rates continue to be some of the highest in America, at 6.02%, which is higher than appreciation rates in 74.19% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Amado. Amado appreciation rates in the latest quarter were at 1.55%, which equates to an annual appreciation rate of 6.33%.

Relative to Arizona, our data show that Amado's latest annual appreciation rate is lower than 70% of the other cities and towns in Arizona.

Average Home Values

 

Median Home Value:
$318,265

Amado, AZ HOME PRICES

Value Range
> $1,213,000 4.4
$910,001 - $1,213,000 0.9
$607,001 - $910,000 15.6
$485,001 - $607,000 7.0
$364,001 - $485,000 13.5
$242,001 - $364,000 25.5
$121,001 - $242,000 21.7
$61,001 - $121,000 8.1
$0 - $61,000 3.2

Very High for AZ
Very High for Nation

Value Relative to Nation Value Relative to State
14.6929567561233 11.8243243243243

Number Of Homes And Apartments:
99

Amado Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AZ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
37.25% 1.85% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,454 / per month

Homeownership Rate

Homeownership
Owners 77.78
Renters 22.22
Vacant 28.78

Housing Market Details

 

Age of Homes

AGE OF Amado HOMES
2000 or Newer 29.5
1970 - 1999 36.0
1940 - 1969 15.8
1939 or Older 18.7

Types of Homes

TYPE OF Amado HOMES
Single-Family 70.5
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 15.8
Mobile Homes 13.7
Other 0.0

Home Size

SIZE OF Amado HOMES
No Bedroom 15.83
1 Bedroom 0.00
2 Bedrooms 60.43
3 Bedrooms 23.74
4 Bedrooms 0.00
5 or more bedrooms 0.00

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Zip Codes in Amado, AZ